DDD Long Term Investments vs Total Current Assets Analysis
DDD Stock | USD 2.97 0.02 0.68% |
3D Systems financial indicator trend analysis is way more than just evaluating 3D Systems prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether 3D Systems is a good investment. Please check the relationship between 3D Systems Long Term Investments and its Total Current Assets accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.
Long Term Investments vs Total Current Assets
Long Term Investments vs Total Current Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of 3D Systems Long Term Investments account and Total Current Assets. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between 3D Systems' Long Term Investments and Total Current Assets is -0.49. Overlapping area represents the amount of variation of Long Term Investments that can explain the historical movement of Total Current Assets in the same time period over historical financial statements of 3D Systems, assuming nothing else is changed. The correlation between historical values of 3D Systems' Long Term Investments and Total Current Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Investments of 3D Systems are associated (or correlated) with its Total Current Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Current Assets has no effect on the direction of Long Term Investments i.e., 3D Systems' Long Term Investments and Total Current Assets go up and down completely randomly.
Correlation Coefficient | -0.49 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Long Term Investments
Long Term Investments is an item on the asset side of 3D Systems balance sheet that represents investments 3D Systems intends to hold for over a year. 3D Systems long term investments may include different instruments such as stocks, bonds, real estate and cash.Total Current Assets
The total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle.Most indicators from 3D Systems' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into 3D Systems current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.As of November 30, 2024, Selling General Administrative is expected to decline to about 105.5 M. The current year's Tax Provision is expected to grow to about (609 K)
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 263.8M | 214.2M | 200.2M | 127.9M | Total Revenue | 615.6M | 538.0M | 488.1M | 281.6M |
3D Systems fundamental ratios Correlations
Click cells to compare fundamentals
3D Systems Account Relationship Matchups
High Positive Relationship
High Negative Relationship
3D Systems fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 807.3M | 733.1M | 1.5B | 1.4B | 980.2M | 1.0B | |
Short Long Term Debt Total | 92.7M | 79.3M | 502.6M | 501.2M | 386.1M | 405.4M | |
Other Current Liab | 63.1M | 73.7M | 64.4M | 51.8M | 54.8M | 30.5M | |
Total Current Liabilities | 163.0M | 175.7M | 178.0M | 152.8M | 145.0M | 76.5M | |
Total Stockholder Equity | 522.2M | 430.7M | 842.4M | 749.9M | 418.5M | 303.0M | |
Property Plant And Equipment Net | 129.8M | 124.0M | 103.6M | 101.7M | 135.0M | 141.8M | |
Net Debt | (41.0M) | 4.3M | (287.0M) | 113.1M | 54.4M | 57.2M | |
Retained Earnings | (793.7M) | (943.3M) | (621.3M) | (744.0M) | (1.1B) | (1.1B) | |
Cash | 133.7M | 75.0M | 789.7M | 388.1M | 331.6M | 348.2M | |
Non Current Assets Total | 434.1M | 375.5M | 517.4M | 613.3M | 357.4M | 226.3M | |
Non Currrent Assets Other | 18.1M | 61.7M | 22.3M | 11.6M | 46.8M | 49.1M | |
Cash And Short Term Investments | 133.7M | 75.0M | 789.7M | 568.7M | 331.6M | 348.2M | |
Net Receivables | 109.4M | 114.3M | 106.5M | 93.9M | 102.1M | 61.5M | |
Common Stock Shares Outstanding | 113.8M | 117.6M | 122.9M | 127.8M | 129.9M | 69.6M | |
Liabilities And Stockholders Equity | 807.3M | 733.1M | 1.5B | 1.4B | 980.2M | 1.0B | |
Non Current Liabilities Total | 130.5M | 126.6M | 528.7M | 543.0M | 414.7M | 435.4M | |
Inventory | 111.1M | 116.7M | 92.9M | 137.8M | 152.4M | 160.0M | |
Other Current Assets | 19.0M | 51.6M | 85.0M | 33.8M | 36.6M | 38.4M | |
Other Stockholder Equity | 1.4B | 1.4B | 1.5B | 1.5B | 1.6B | 1.7B | |
Total Liab | 293.4M | 302.3M | 706.7M | 695.8M | 559.7M | 587.7M | |
Property Plant And Equipment Gross | 129.8M | 124.0M | 57.3M | 101.7M | 303.7M | 318.8M | |
Total Current Assets | 373.2M | 357.5M | 1.0B | 834.2M | 622.7M | 653.9M | |
Accumulated Other Comprehensive Income | (37.0M) | (8.5M) | (37.7M) | (53.8M) | (44.6M) | (42.4M) | |
Short Term Debt | 12.1M | 11.6M | (25.8M) | (6.0M) | 9.9M | 10.4M | |
Accounts Payable | 49.9M | 45.2M | 57.4M | 53.8M | 49.8M | 27.7M | |
Intangible Assets | 48.3M | 28.1M | 45.8M | 90.2M | 62.7M | 55.3M | |
Other Liab | 49.8M | 58.9M | 34.4M | 51.8M | 59.6M | 62.6M | |
Other Assets | 24.5M | 110.3M | 22.3M | 36.0M | 41.4M | 43.5M | |
Long Term Debt | 45.2M | 19.2M | 446.9M | 449.5M | 319.4M | 335.3M | |
Common Stock Total Equity | 117K | 120K | 128K | 131K | 150.7K | 158.2K | |
Treasury Stock | (8.2M) | (15.6M) | (18.8M) | (22.6M) | (20.3M) | (19.3M) | |
Common Stock | 117K | 120K | 128K | 131K | 134K | 74.1K | |
Property Plant Equipment | 92.9M | 75.4M | 103.6M | 101.7M | 117.0M | 122.8M | |
Current Deferred Revenue | 37.9M | 38.1M | 35.3M | 33.4M | 30.4M | 26.6M | |
Good Will | 223.2M | 161.8M | 345.6M | 385.3M | 107.2M | 183.0M | |
Net Tangible Assets | 250.6M | 402.6M | 451.0M | 276.2M | 317.6M | 342.6M | |
Retained Earnings Total Equity | (793.7M) | (943.3M) | (621.3M) | (744.0M) | (669.6M) | (703.0M) | |
Long Term Debt Total | 45.2M | 29.4M | 446.9M | 449.5M | 516.9M | 542.8M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether 3D Systems is a strong investment it is important to analyze 3D Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact 3D Systems' future performance. For an informed investment choice regarding DDD Stock, refer to the following important reports:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in 3D Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade DDD Stock refer to our How to Trade DDD Stock guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 3D Systems. If investors know DDD will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 3D Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (3.94) | Revenue Per Share 3.476 | Quarterly Revenue Growth (0.12) | Return On Assets (0.05) | Return On Equity (0.63) |
The market value of 3D Systems is measured differently than its book value, which is the value of DDD that is recorded on the company's balance sheet. Investors also form their own opinion of 3D Systems' value that differs from its market value or its book value, called intrinsic value, which is 3D Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 3D Systems' market value can be influenced by many factors that don't directly affect 3D Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 3D Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if 3D Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 3D Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.